Section 3.12.070. Maintenance of records.

Latest version.

	(a)  Each licensee shall install and maintain in his or her place of business such books, accounts, and records as will lend themselves readily to inspection, examination and audit. If other businesses are conducted in the same office, he or she shall maintain separate books and records pertaining to the loan business.  
	(b)  No licensee may, however, conduct any other type of business in association or conjunction with the loan business except as may be authorized in writing by the department. If another business, not authorized under AS 06.20,  is conducted in the same office, the licensee shall fairly and equitably allocate all expenses so that the books relating to the licensee's business under AS 06.20  will fairly reflect expenses of conducting that business.

Authorities

06.20.160;06.20.180;06.20.210;06.20.340

Notes

Authority
 AS 06.20.160  
AS 06.20.180  
AS 06.20.210  
AS 06.20.340  
History In effect before 7/28/59; am 6/30/77, Register 62

                    
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